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. overall the energy is expanding in a way just by the sheer nature and size of the tropical storm. and besides when that cold front reaches it something called a process will take over and that's why the hurricane center thinks it will pick up intensity. it's minutia and we're looking at a major storm sunday night into monday and tuesday. >> david bernard in miami. we look forward to checking in with you later in the program. >>> now to politics and the stretch to election day just ten days to go. judging by the polls the race couldn't be any tighter. we begin our coverage with nancy cordes. she's at the white house. good morning to you. >> reporter: good morning, rebecca. well both sides right now are cherry picking the polls they like. they are pushing their stats in the early voting states where they are doing well. it's about projecting confidence and momentum and not showing any sign of weakness and of course both sides are predicting gloom and doom if their opponent is elected as governor romney did again last night in ohio. >> these are tough times for mi
storm would only have the core of the energy, a core of the maximum winds very close to the eye. that's the biggest trouble with this is that the widespread damage -- typically if something happens in new jersey to the power lines, they'll call vermont and say, send your power company down here to get our lines back up and we'll come up to your state when you need the help. that's the problem. there are going to be 14 states with hundreds of thousands of power lines down. the mutual aid is going to be tough to come by in this area. they're going farther and farther away to get the mutual aid. the problem is it takes longer and longer for those bucket trucks to get there. i believe this storm will come onshore somewhere between cape may, wildwood, atlantic city. the eye is not really the issue. a big storm, a category 3 storm when it hits land will die off. it will start to get slower. this is going to take hours and hours to get slower even after landfall. so the joke today was that, hey, we don't care about landfall because that just means it's only half onshore. the other half is st
attention. the level of energy and interest has gone up enormously, and i think that before all this matter how what comes out. it's much more interesting and exciting and compelling raised all which is good for democracy. >> we are talking about david weston's exit interview. somebody has a question, if you could line up at the microphone it would be helpful. yes, sir. we will start with you. >> understanding your bias toward eurocrat abc, which is great, can you speak to your competition as brian williams and his bunch, scott kelly and his paunch and so for in the cables, of course. >> i am happy to. brian is terrific. he is number one in the evening. he has ended. he has paid his dues. he is a terrific anchor, very strong. they have a great news operation and nbc news. their faltering a little bit in the morning now, but they deserve all the success that they have had. i have enormous admiration for what cbs news is doing. people probably don't know the inside of this, but a longtime executive producer of 60 minutes has taken over as chairman. he as a man named david roads to is the pres
feel the energy building. there's a come plaintiff's exhibit over there of germans v the u.s. they feel like we are faster and innovative. what you're starting to sense is build the confidence they can do it as well. we're seeing more entrepreneurship come out of here. i feel that's detroit and began needs is the big campaign saying you do it. here's all your tools, it's a matter of you deciding yes, yes, i'm going to go and try. >> to put it in context, right. it comes from new zealand. they are literally on the edge of the world. we go on the airplane and flew over here and started the company, you know. michigan and detroit is embedded inside the united states, you know, those resources are literally on your doorstep. there's no excuse not do it. it might not like look a million dollar company. it will turn in to something like that. >> if anybody has any questions. we have microphones here. lineup and i'll call on you. so, you know, one thing that we you touched upon here is the custom runs, right, and people have been talking about a lot about mas customerrization for a long time.
. the way to go through these issues is we have dodd-frank energy 20. ipg 20 there's broad agreement with respect to the derivatives market and it's been reemphasizing recommitted to buy the g20, including the united states over and over again. it's a value clarin, value transparency straight reporting. it's the value of collateral a thing and marketing positions and so forth. so given the very highest level agreement, we were tempter every country's individual regulatory regimes to legislative processes. one of the challenge is frankly the mismatch and timing. dodd-frank was pastor for anywhere in the world. the japanese are the closest behind us and we set about to do as congress has directed us to implement the regulatory regime. regulators are working together extremely well. it's a huge component of our job to try to coordinate and collaborate to the greatest extent possible, understanding we have different underlying legal regimes in different underlying processes. to give you specific examples, chairman gensler from the cftc and i have cohosted to very detailed working session
where he put his energy. >> romney at cranbrook was a belonger. he wasn't a good athlete, but he was the manager of the hockey team, he was on the cross- country team, he was a cheerleader. he was very active in everything he could be. he was part of the place very deeply. >> narrator: during that time, mitt's dad decided to leave business and head into politics. michigan was a powerful democratic stronghold, but george romney had a maverick streak. he ran as a liberal-to-moderate republican. and mitt watched as he won. >> michigan can light the authentic path to a fuller and higher expression of freedom in america. thank you very much. (crowd cheers) >> it's a little bit striking how involved he is in george's political activities from a fairly young age. >> narrator: his dad thought civil rights were worth fighting for. as a teenager, mitt was less interested in the issues than being with his dad. >> the word from his family is that he was not necessarily interested in politics as ideology. but there was always something about his father and his father's power and his father's
think it's shifting. i agree that you see the political energy in the democratic party with governor cuomo, as well. i don't think, though, as a legal matter that she they should be on ballots at all. >> again, california has ending the death penalty on there, changing the three strikes law.. >> again, california has ending the death penalty on there, changing the three strikes law.. >> again, california has ending the death penalty on there, changing the three strikes law. things that i as a progressive would be generally supportive of, and yet my concern is when at the show up on ballot measures rather than showing up in our state legislature as did doing the work of legislation. >> you ask is it a good thing or bad thing and the answer is yes. i mean, also makes you wonder, we talked about election reform a little bit before and but i do think election reform, the venue for it may be ballot measure. because you've got to take election reform out of of the hands of incumbent, democrats or republicans. i think most of the time incumbents don't want dramatic election reform. >> a gre
ahead of iran which is under sanctions. not bad. remember the oil energy issue? good. now, washington complains, washington's been complaining about iraqi support to the assad regime and acquiescence to iranian pressure to do so. and hence, there could be problems in the deliveries of the f-16s, a delay while things sort themselves out. after all, baghdad's violating internationally-imposed sanctions. you all know what that means. yes, right on the mark. so here's the dilemma for maliki and for the united states, what do we do? and, remember, i don't think that maliki, i don't think he's an iranian tool or an american tool or anybody else's. he has his own, he's got his own strategy and his own goals in this game. so what do we do? if, for example, if i were in baghdad making decisions and like maliki i'm interested in building a stronger and effective iraq, i might say to myself, gee, i've got to rethink my policy towards assad. but i don't know if he's thinking that or not, he could be. he's kind of cagey. now, if assad stays in power -- not thinking like maliki, but thinking in gen
. >>> environmentalists want homeowners to go green when they decorate for christmas. berkeley's rising sun energy center is offering led christmas lights for anyone who turns in their incandescent lights. >>> a california grandmother has hit the jackpot winning $23 million and it's all thanks to some surveillance video of her daughter buying the winning ticket for her. >> she says i'm going to text you a picture and you tell me who it is. so i put my 9 9-cent glasses and it was sharlena and i thought she robbed a bank. >> lottery officials released the video as the deadline neared for claiming that prize. julia cervesa saw it on the news and recognized her daughter and remembered she had a lotto ticket in her glove compartment and claimed the prize. >>> 9:26. people on the east coast continue to recover from superstorm sandy. >> everything's replaceable but people. >> how volunteers and the government are helping victims pick up the pieces. >>> and new information on the chevron refinery fire, how long officials think it will be before production is up to full operation. >>> a shooting in menlo park lea
. [captioning made possible by group]lation energy >> a state of emergency has been declared for every county in maryland as we are bracing for the effects of now hurricane sandy. welcome to 11 news saturday morning, everyone, i'm lisa robinson. >> and i'm jennifer franciotti. this super storm could hit anywhere from north carolina to new england and in the coming days it's all hands on deck. days it's all hands on deck. >> earlier this morning, it
, whether it's improving food distribution, improving green energy. these are things they're able to do themselves. that is a mode of millennial set of engagement that really can work. i think we can see that throughout the presidential. >> matt? >> felicia's reference to local communities highlights the die cot ma dichotomy. volunteerism you get an immediate efficacy, you see a smiling kid when you're done tutoring them. when you vote in this country, there's no immediate perceived effect. one of the biggest barriers that politician haves to make the case to my generation about is the fact that sloeting is more than a historic right and necessity. it's something as to how resources and investments are allocated. when we talk later about education, higher education is often the first thing on the menu to cut in many states because young people don't vote in as great a number. that needs to be clearer and more boldly stated by the candidates. >> it's an interesting point. if i'm tutoring at the neighborhood school, i get the instant gratification. if i vote for a candidate, the candidate
-timers, 9,600 service members. you can feel the energy. you can feel the intensity. this is a marathon that's for everyone. every country. 54 countries represented. every state in this country represented. and all you see are people bonding, bonding behind the work that our service people do for us, putting their lives on the line each and every single day. you have the new york city marathon. that's a biggie. you have the chicago marathon. that's a biggie. the boston marathon. that's huge. nothing compares to this marathon. and what it represents to our nation and all the folks around the world. earlier we spoke to storm team 4 meteorologist chuck bell who says he plans to do his personal best today. and he has inspiration with him. this is very sentimental to you? >> absolutely. >> explain to the folks why. >> obviously channel 4. 444. the folks who run the race said i can pick any number i wanted to. i thought, 4? this is a small enough number where they think you're quick but not going to win. maybe next year, i may get 4444. you never know. >> reporter: chuck bell with his magical bib,
that they are willing to engage in acts of eco terrorism. then energy production. the far left is opposed to any and all forms of energy. in the upper left corner you have people protesting nuclear power. angela merkel who i respect immensely, as the new iron chancellor of germany, she decided because of the protests to shut down nuclear power. she is a nuclear physicist so she should know better. but she gave in to environmentalist pressure and decided to shut down nuclear power plants. in the upper right corner you have cancer, some guy dressed as a weasel dancing. not sure what that is about. in the lower left corner no damage. they don't want hydroelectric power in the argentinian chilean border. they're opposed to hydroelectric power and the bottom right some guy who is supposed to wind power. you may not be able to read this. no industrial wind. capitalism still blows. i am not sure what that has to do with capitalism but he made sure he fit it in. >> that might turn it off. can't do that. >> sorry. those let's review for a second of the progress of protesters don't want vaccines, chemicals, genet
of my energies have gone into running for congress for the last year and a half. .. dold: let me simply say my process he does not a business record because he was running for congress. he didn't have any clients are revenue in 2010. in 2010, i was running for congress against dan seals. so it's disingenuous yet again trying to -- schneider: that's not true. i did work in that come in 2010 as looking to buy a business. this is an example of you not understand entrepreneurship. dold: i understand it very, very well. schneider: you would understand when you're trying to build a business, trying to look for deals -- dold: in 2008? schneider: i work in 2008 2009 20. dold: you were a management consultant. you're trying to avoid the real reality. trendy what we should be focusing on is -- dold: it should be jobs and the economy. >> your pass herself off as a businessman. ivan businesses. dold: thousands of people -- [talking over each other] >> moderator: you both major point. thank you. jobs are a key issu
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on the refineries. news from philadelphia energy solutions, a big refinery in philadelphia, saying that it didn't sustain any damage and that it is going to start increasing its run rate. others that reduced its run rate to facilities, no word yet. i've reached out to them. others are getting restarted and increase their run rates. as we know right now two other facilities, one in bay way which is run by phillips and another by hess do remain closed in the wake of this. this i critical pipeline that comes up from greensboro, north carolina, to the eastern seaboard delivering fuel there. it was shut down last night because its customers could not take any delivery of fall. it did experience a power outage. generators are being september up there. they continue to assess the situation, but the pipeline does remain shut down. not so much because of sandy but some of their customers, i.e. the terminals, are not taking any delivery of fuel because of the storm. back to you. >> thank you very much, mary. let's get an update now on the path of the storm. wnbc joins us live. over to you, lori. >> repor
it around. we'll see when that meeting gets back on the calendar. we won't be getting the energy department's usual look at oil and gasoline inventories normally released at wednesday 10:30 a.m. eastern. if you're looking for an early winner on wall street today, check out shares of generac holdings. i think both of these folks have generac. >> we do. >> let's get to phil lebeau with earnings on gm. >> hi, andrew. we do have general motors, it is far better than expected than the third quarter. the estimate on the street was for 60 cents a share. it worked out to about $1.5 billion, revenue almost $2 billion better than expected. couple of numbers to keep an eye on. europe, gm losing $500 million in the third quarter, now expecting to lose between $1.5 billion and $1.8 billion. we're going to hop on the gm conference call in a few minutes to see if they have any more clarity in terms of restructuring. and don't forget, we've have the cfo joining us in about 15 minutes. but again, earning 85 cents a share in the third quarter. >> and phil, we can see in the premarket that stock's up by about
's science. the romney campaign is passion, energy, they're coming on, their campaign seems a little more excited. part of that's the nature of being a challenger versus an incumbent running a re-election. depending on which city you're in, boston or chicago, you come out with two different -- both make really compelling cases for themselves. the polls are tight enough that either one could be totally not spinning and believing it, but who knows? >> who knows? >> tom brokaw, just final thoughts in the final days of the campaign, how much should the events matter? then you've got the science of the campaign muddled by the storm. >> well, if nothing happens that is unexpected between now and then, the scenario is going to be does the romney wave override the obama ground game and getting out the vote? the romney people have been counting on what happened with reagan, as you know, in 1980. did he get frozen in place here? he's not the same guy that ronald reagan was in a lot of ways. i've just been looking at the toledo blade and dayton daily news, and the auto business is not on the front p
in order to meet our nations needs and that's energy and balance necessary to move forward and implement a new strategy. one of the issues i always have is when people want to do an evaluation in the army they look at brigade combat teams. how many do you have and how many t. need for the future? that is fundamental to what we do however people tend to forget many other parts about the army that are so critical to us supporting the joint force. 75% of their personal force of special operations forces is the army. we can't forget about that. we are responsive and we have to make sure we stay responsive to civil authorities and we have continued to make sure we have the right capability to respond and as you see what's going on today up in the northeast. we have provided a broad range of essential services today to combat and commanders and that includes intelligence, surveillance recognizance for off the geographical combatant commanders. would provide air and missile defense. geographical combatant commanders provide logistical support for all geographical combatant commanders. we provi
; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america forward. i'm barack obama and i approve this message. >>> good morning. dress for breezy, chilly weather. sprinkles showing up in the areas in green, north-northeast and north-northwest. they will continue to move to the east. highs mid-50s. tomorrow, we'll have still a bit of a blustery wind. chilly into the weekend. >>> 7:30 now on a thursday morning. november 1st, 2012. we're looking at some of the scenes of people trying to commute into new york city. doesn't look too bad right there. but there have been major traffic backups. new system in effect. you've got to have three people in your car to even be allowed on manhattan island. we're going to
it comes on shore, it loses its energy source, the ocean. a post-tropical system doesn't depend on this. it merged with another, and that's why we have such strong winds now and such a difficult time dealing with sandy. speaking of sandy, let's look at where it is. it's still hanging around as a post-tropical system about 95 miles west of philadelphia. 65-mile-per-hour winds. it's moving west-northwest at 15. a lot of wind gusts still as yesterday. some of the wind gusts into the 80's, 70's, some places even 09-mile-per-hour wind gusts. damaging winds continue today because of the potent si of s d sandy. we're talking of wind gusts of 50 to 60 miles per hour. near 70-mile-per-hour wind gusts near lake erie. in fact, as you take a look from this morning, we've got wind gusts as high as 48 miles per hour in detroit, boston, 41 in atlantic city, and it continues right on into the day tomorrow with wind gusts still anywhere from 15 to 35 miles per hour, and the water rises, they were a mess as well. king's point, new york, at 7:15 we're looking at another high-rise. as you would look are n
the ball of energy moving across the floor, flashes of light in photographs. >> house filled with strange sounds and shadows, even i was spooked. [ screaming ] no joke. it was a rubber rat that scared me before and i -- [ screaming ] [ laughter ] >> oh, let's go and do some crafts. all right. >> let's go do some calming crafts, sara. tomorrow, ambush makeover. >> real housewives of atlanta. >> bye. >>> good day. lester holt coming to you from point pleasant beach in new jersey, one of the areas hit hard by hurricane sandy. i want to update you with where things go in the aftermath. we now know at least 60 people have been killed as a direct result of this storm, still many power outages across the northeast, an estimated 6 million residential and business customers still in the dark. president obama is on the ground in new jersey now. he landed a short while ago aboard air force one at atlantic city. he will be taking an aerial tour in a helicopter with governor christie and fema director fugate. the shore, of course, took the brunt of sandy's wrath, but other parts of new jersey also exp
on shore, it loses the energy source, the ocean. post tropical doesn't depend on this. it merged with another. it's why we have such strong winds now and such a difficult time dealing with sandy. speaking of sandy, let's look at where it is. it's still hanging around about 95 miles west of philadelphia. 65 miles per hour winds moving west-northwest at 15. a lot of wind gusts. yesterday, some of the wind gusts into the 80s, 70s, some places 90-mile-per-hour wind gusts. damaging winds continue today because of the potency of sandy from bangor, maine to detroit, to atlanta and beyond. we are talking wind gusts of 50 to 60 miles per hour. near 70-mile-per-hour wind gusts near lake erie. as you take a look from this morning, wind gusts as high as 48 miles per hour in detroit. boston, 41 in atlantic city. it continues into the day tomorrow with wind gusts still anywhere from 15 to 35 miles per hour. the water rises, they were a mess as well. kings point new york, 7:15, another high-rise. as you look around here, you can see the devastation and it's going to continue as we move in and s
upstairs. >> this haunted room. we are seeing things in this room, things from the ball of energy moving across the floor, flashes of light in photographs. >> house filled with strange sounds and shadows, even i was spooked. [ screaming ] no joke. it was a rubber rat that scared me before and i -- [ screaming ] [ laughter ] >> oh, let's go and do some crafts. all right. >> let's go do some calming crafts, sara. tomorrow, ambush makeover. >> real housewives of atlanta. >> bye. [ minto ] you know, those ads saying mitt romney would ban all abortions and contraception seemed a bit extreme. so i looked into it. turns out, romney doesn't oppose contraception at all. in fact, he thinks abortion should be an option in cases of rape, incest, or to save a mother's life. this issue's important to me, but i'm more concerned about the debt our children will be left with. i voted for president obama last time, but we just can't afford four more years. [ romney ] i'm mitt romney and i approve this message.
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asking ourselves a question, along the lines of energy use in the city, something that has been hard for us to figure out. and that has to do with what would inspire you, as someone who lives in the city, to give your data of your own energy use in the city, like your home energy use? all that data about when you use it, what are your hot times, your cool times. how about if we try to find some way to inspire people to give us that]h data, in some coordinated way. because if we understand that 20 to 22% of our emissions comes from1ar residenl use, you can imagine if we had that data coming from every household use in the city we could break that data down with involvement of creative people like yourselves, and then try o see where there's patterns where we could lessen our carbon footprint and talk about better energy use. that's perfect for us. that's what we're going to ask this challenge to present for our next improve sf challenge for the city. and that's what we'd like to engage people in. and then hopefully, some time after this challenge is announced, and if we can get the b
, mitt romney is going to speak only for his corporate funders and the dirty energy empires that many of them run doing what he has to keep the pipelines of oil and campaign cash flowing. and that includes pandering to the far right who shout u.s.a. rather than confronting this frightening reality that we have entered a new normal in which everyday life is punctuated by frequent and intensifying natural climate disasters. and the megaphone of this fringe wing fox news, keeps reinforcing that message. >> where's the proof? these global warming claims have been debunked time and time again. >> you know what the problem is? there's more people living at the shore so there are more impacts. this is nothing to do with global warming. >> you can pretty much predict moments after a catastrophe global warming freaks will link it to global warming. >> next five to ten years, we're probably going to see more storms around the eastern seaboard. has nothing to do with global warming. >> jennifer: that is deliberately dece
challenges. and it's challengin the best innovators in america to create radical new energy storage technology. you know, way above what we have now. this is something very powerful, to be able to keep rovers going on the moon, in mars, things that could be useful, in your cell electric vehicles, something that just is a radical leap in new technology. but i don't want to go into a lot of detail on that. you'll hear more about nasa's efforts later. and what i'm going to do1r is ge a little more background on challenge-driven innovation. and i'm going to do that just by plaijerrizing some people because it makes it a loteasier for me. i want to look at this quote, prize is a very old -- an old idea that is surprisingly powerful in our modern society. this is by a study that by mckenzie and company, back in 2010. prize is a very old idea, very powerful in our modern society. surprisingly powerful in our modern society. mckenzie also said this, 32,000, in 2010, there were 32,000no competitions, competitions, prizes, awards. that's a big number. it could be bigger but it's a big number
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are proposing that that procurement be from renewable energy credits. >> so, the way they're titled would be appropriate? >> they would be. they would be qualified resources under state law. >> if we had -- >> if we had them, yes. >> and we have no geo thermal here? >> correct. we have purchased it in the part, but we do not have any in our portfolio today. >> where do we purchase it from? >> we purchase from the geo thermal system in guyser. >> in guyser ville? >> yes. >> are they acceptible our hydro now? >> yes, commissioner, they are accepting our hydro. yeah, another hooray, that's three in one meeting. [laughter] >> we have -- we were able through the legislative process to explain that were we to have the same rules applied to us, we would just be selling our hydro and substituting in other renewable resources. the objective of the law is to in part to reduce the emissions from power plants. we don't have any power plants that emit. >> [inaudible]. >> yeah, i have a couple of questions. so, we can't bank the rps resources? >> we can. under the rules, we can -- if we have -- if we d
. [captioning made possible by constellation energy group] >> good morning, everyone. the weather should stay quiet and chilly. 38 in parkton. a mixture of sunshine and clouds with a high temperature near 54 this afternoon. when we come back and a few minutes we will check the forecast for the rest of the weekend. >> coming up -- >> why the forecast has so many anxious to get the power back on. >> before you head out to start your day, a couple of water main breaks in the city that you might want to know about. >> we are tracking closures due to the good morning! wow. want to start the day with something heart healthy and delicious? you're a talking bee... honey t cheerios has whole grain oats that can help lower cholesterol. and it tastes good? sure does! right... ♪ wow. delicious, right? yeah. it's the honey, it makes it taste so... ♪ well, would you look at the time... what's the rush? be happy. be healthy. ♪ ♪ [ male announcer ] combine the pnc cashbuilder visa credit card with a qualifying pnc performance select checking account and earn 75% more than cards earning 1% cash back o
ships the oil from outside the country. i thought we were doing that for energy independence. >> that is not true. that's b.s. we've been fed and accept. that oil is getting down to the gulf of mexico so it can be available for export. that is the thing that's been so disingenuous saying this is for energy security and independence. it is not. it's for a foreign company transcanada who is building the pipeline and the oil companies invested in it, exxon shell, et cetera to get their oil to the open market. >> do you get discouraged seeing president obama engages in that same 19 sense when he knows he approved the thing that is going to send oil to other countries not our country. romney loves it, all the washington loves it. how in the world are we going to fight back when it seems they've got all the politicians. >> we've got to get rid of citizens united states. that ruling was just the most immoral unethical thing i mean it's shocking, frankly, you know that we're allowed to put this much money into the pockets of politicians. i mean, you look at how many politicians are o
policies, and against a clean energy tax credit so that's a big deal. the fact that the governor of new york, cuomo has raised it, and you are saying nbc and abc, and the major networks starting to talk about it. so i'm hoping that this is a tipping point. because we don't want sandy to be start for cassandra another warning that we ignore. >> bill: very good. what do you think? is now the time? look, we don't expect anything from [ inaudible ], but maybe some of the others who do care more about the planet than their political party, might see it's really time to act. and will president obama step up and take leadership here. 866-55-press join the conversation, here on the "full court press." >> announcer: this is the "full court press," the "bill press show," live on your radio and on current tv. ♪ to miss my show is if that's the only time you can get to a polling place. make sure that voting is your highest priority on election day. besides, you can always dvr my you really cant' dvr the future of the country. to help you make informed decisions, watch current tv's p
energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. >>> are you disappointed even with the damning cables showing what the white house knew and what he they knew it the issue apparently not gaining the traction perhapses it should with the american people? >> i have been deeply disappointed. it is like a lot of the scandals that you and i have tracked over the years the initial problem if there is a coverup becomes much, much worse and i don't have to tell you that there were signs of the problem, our consulate was attacked in april and june as you know. there were pleas for additional security. the president should just go on television and say here is what happened. here is what we did. here is the whole scenar
line that we will have an update on shell and mobile energy if there are issues or status of where we are with those two contracts. >> great. colleague any other questions? again we want to thank staff and puc for their presentation. we have taken public comment on this item. why don't we now go to item six. >> item six public comment. members of the public may address the commission on matters that are within their jurisdiction and not on today's agenda. >> any public comment? seeing none public comment is closed. item seven. >> item seven future agenda items. >> and now i would like -- oh commissioner avalos. >> sure. thank you chair campos. just -- i of having ongoing conversations with mr. fried and i thought the commission would like to know about them. i have been exploring over the last year and a half the creation of a municipal bank in san francisco. one idea about the bank we're creating another separate government authority that could be under the purview of lafco and i want to see if we have some sense on the commission to be able to allow for jason to help us explo
challenges. and it's challengin the best innovators in america to create radical new energy storage technology. you know, way above what we have now. this is something very powerful, to be able to keep rovers going on the moon, in mars, things that could be useful, in your cell electric vehicles something that just is a radical leap in new technology. but i don't want to go into a lot of detail on that. you'll hear more about nasa's efforts later. and what i'm going to do1r is give a little more background on challenge-driven innovation. and i'm going to do that just by plaijerrizing some people because it makes it a loteasier for me. i want to look at this quote, prize is a very old -- an old idea that is surprisingly powerful in our modern society. this is by a study that by mckenzie and company back in 2010. prize is a very old idea, very powerful in our modern society. surprisingly powerful in our modern society. mckenzie also said this 32,000 in 2010, there were 32,000no competitions, competitions prizes awards. that's a big number. it cou
increase solar and wind energy and eliminate $4 billion in annual tax breaks for oil and gas companies. he's tried to do that, and of course the republicans have blocked it. that's the good. let's show you the bad. the copenhagen summit which so many people had great hopes for that pretty much got nothing done. they had a voluntary agreement--wow. he has basically abandoned cap and trade. no question the republicans fought him on that, but there was no second effort at all. he has approved the southern half of the keystone pipeline and i tell you the minute he's elected--not the minute, i like to be accurate--but when he's re-elected he'll approve the northern half as well. and of course he brags how he has done more drilling than george w. bush. which is true. now here is president obama talking about in the second presidential debate about how great he is at oil drilling. >> obama: we have increased oil production to the highest levels in 16 years. natural gas production is the highest it's been in decades. we have seen increases in coal production. >> romney: more drilling, more permits
. there is virtually no new investment in iran's energy sector, except by iranian firms themselves. international firms have pulled out in droves. not only investors, but also suppliers of basic parts, equipment, and services due to not only u.s., but also european union, japanese, south korean, and other sanctions. the net effect is iran has become a marginal player in the international oil industry. and if the current trajectory continues, it is on its way to being nearly eliminated as a player in that industry. however, the effect of sanctions on iran's energy sector will make it hard for iran to return to its position in the industry if there is a deal, if there is a nuclear deal, and if the international community wants to then ease sanctions. the energy sanctions are taking a severe toll on their economy. everyone aware of the plummeting value. i helped to look more closely, try to look at their hard currency reserves, and it's my understanding that those reserves have fallen to about $70 billion from a level of about $105 billion at the he happened of 2011. trita talked about the proverbial cup
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